Market gapping down this morning prmkt. we have already touched the130.70 support and had a small retracement. the real earnings season starts this week with BIDU and IBM reporting after the close today. we will have a greater understanding of psych of mkt as earnings role out this week. remember that earlier this month it seemed like we would break … Read More
SMB Morning Rundown – July 15, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
The Minds of the MoMos
In The Stocktwits Edge I write about the fact that I have spent most of my career trading stocks that are followed by a very distinct and specific group of traders. The momentum hedge fund traders who I like to refer to as “momos”. I have observed how they move internet IPOs, secular growth stories, and other various tech startups … Read More
How I Will Trade Earnings Season (a response)
I received this email which frankly was so much better than my post today that I had to share… Thanks for the blog post today on “How I Will Trade This Earnings Season”. It provides focus for thought and more efficient preparation. As a tool to get better as a trader, I developed a spreadsheet to collect and categorize data/results … Read More
Trading Thought of the Day – July 14, 2011
I look at a hundred deals a day. I pick one. – Gordon Gekko
How I Will Trade This Earnings Season
I have increased some one-one-one mentoring with a few developing traders. Their goal? To make a significant leap forward during this earnings season. During our discussions my goal is to help them limit their trading to their best setups. Here’s a thought that just keeps coming back to me. The market offers 100 windows that you can look into. My … Read More
SMB Morning Rundown – July 14, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
SMB’s Options Tribe meeting 2011-07-12
SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of options trading. This week, Richard Hale Shaw made a presentation … Read More